Federal government announces support for BOSK Bioproducts Inc.

QUEBEC — Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, accompanied by Jean‑Yves Duclos, Member of Parliament for Québec and Minister of Public Services and Procurement, took the opportunity during her visit to announce a repayable contribution of $1M for BOSK Bioproducts Inc. This CED support will enable the business to increase its production capacity by establishing a manufacturing unit for compostable bioplastics. The assistance provided will focus on the cost of acquiring equipment and installing, testing, and commissioning this unit.

BOSK Bioproducts is an SME based on the model of a circular economy to collect industrial waste, such as bio-sludge from paper manufacturing, and convert it into compostable bioplastics. Its new manufacturing unit will enable it to improve its production capacity by securing its supply chain. The business will thus be able itself to produce polyhydroxyalkanoate (PHA), a key component of REGEN™, a bio-based bioplastic it has developed. Through this 100% compostable solution, BOSK aims to significantly reduce plastic waste in the environment.

“Through their capacity to innovate, SMEs have a key role to play in the green transition and in our economy. That is why our government is proud to support them so they can continue to develop sustainable solutions to protect the environment, while also remaining competitive. I am therefore pleased with CED’s assistance for BOSK Bioproducts, whose growth will not only enable the region’s economy to develop, but also guarantee a greener, healthier planet for future generations,” said Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for CED.